# Summary Statistics: Capital Deepening Panel

|                             |    N |             Mean |          Std Dev |            Min |             P25 |           Median |              P75 |            Max |
|:----------------------------|-----:|-----------------:|-----------------:|---------------:|----------------:|-----------------:|-----------------:|---------------:|
| ca_gdp                      | 6281 |     -2.0047      |     13.5966      | -242.976       |    -6.522       |     -2.434       |      1.913       |  314.906       |
| gross_fixed_investment_gdp  | 5324 |     22.4635      |      7.6514      |   -2.4244      |    18.0483      |     21.8777      |     25.9008      |   93.5475      |
| gross_savings_gdp           | 5497 |     19.8466      |     18.1028      | -136.885       |    11.083       |     20.7243      |     29.1575      |   87.8268      |
| nfa_gdp                     | 6279 |     -0.2071      |      1.5645      |  -46.386       |    -0.6443      |     -0.3232      |     -0.0311      |   13.5149      |
| rgdp_growth                 | 6461 |      3.3983      |      6.2604      |  -54.336       |     1.302       |      3.588       |      5.897       |  147.973       |
| kaopen                      | 5807 |      0.1991      |      1.5606      |   -1.9394      |    -1.2539      |     -0.1748      |      2.2808      |    2.2808      |
| Z_1                         | 8295 |     -1.2676      |      1.365       |   -3.9826      |    -2.4853      |     -1.4585      |     -0.0466      |    3.5377      |
| Z_2                         | 8295 |    -20.1823      |     21.5456      |  -60.8868      |   -38.4611      |    -25.6776      |     -1.9341      |   71.5516      |
| Z_3                         | 8295 |   -291.712       |    311.177       | -850.346       |  -544.439       |   -386.382       |    -38.0699      | 1248.35        |
| old_dep                     | 8295 |      0.1255      |      0.0916      |    0.0099      |     0.0607      |      0.0903      |      0.1761      |    1.0992      |
| life_expectancy             | 6562 |     68.6571      |      9.5611      |   12.158       |    62.8648      |     70.5675      |     75.6457      |   85.708       |
| capital_per_worker          | 5308 | 192609           | 200060           | 1151.66        | 36958           | 120468           | 292014           |    1.72434e+06 |
| delta_log_kl                | 5128 |      0.0172      |      0.0434      |   -0.6395      |    -0.0047      |      0.0124      |      0.0341      |    0.9624      |
| delta_log_tfp               | 3362 |     -0.0029      |      0.0812      |   -1.0938      |    -0.0302      |     -0.0013      |      0.0287      |    0.7878      |
| mpk_proxy                   | 4107 |      0.1455      |      0.1467      |    0.0073      |     0.069       |      0.1123      |      0.1716      |    1.7873      |
| capital_output_ratio        | 5400 |      5.0535      |      4.1851      |    0.3754      |     2.84        |      4.2117      |      6.1051      |   63.2249      |
| log_predicted_total_inflows | 3992 |      3.6494      |      1.8063      |   -1.5512      |     2.3609      |      3.6464      |      4.9276      |    8.4836      |
| log_predicted_demo_inflows  | 3992 |      4.4507      |      0.4677      |    3.4521      |     4.0803      |      4.3988      |      4.845       |    5.898       |
| total_portfolio_inflows     | 3992 |      1.60297e+11 |      7.53045e+11 |   -8.62484e+08 |     5.25272e+07 |      1.17499e+09 |      2.19512e+10 |    1.6348e+13  |
| total_fdi_inflows           | 3992 |      1.03605e+11 |      4.31204e+11 |   -4.42216e+09 |     0           |      1.14012e+09 |      1.8296e+10  |    6.32622e+12 |
| rule_of_law                 | 5078 |     -0.0251      |      0.9962      |   -2.5909      |    -0.8006      |     -0.1656      |      0.7837      |    2.1248      |
| hc                          | 4350 |      2.4092      |      0.6992      |    1.0296      |     1.8032      |      2.4666      |      2.9659      |    4.3516      |
